Articles Tagged "sarnia"

Upgrader: July 30

 SOME CHEER ON THE OIL FRONT  By Duncan Sutherland – Exclusive to Heavy Oil Investing News A good quarter for heavy oil companies Heavy oil and oil sands companies, by and large,  posted positive results in the just-ended quarter. This was to be expected, what with oil prices hitting an all-time high.  It is worth noting, however, that energy costs took a [...]

Shell cancelled plans to construct refinery at Sarnia

Shell has cancelled plans to construct a new refinery at Sarnia due to rising constructions costs and weak market conditions. Amrik Ahluwalia, Shell’s general manager of manufacturing expansion, was quoted as saying: This decision is a very difficult one for Shell and it is only taken after careful consideration. For more information on this news, [...]